⭐ BTC Today's Market Update ⭐

Bitcoin found support near 63,600, then rebounded, with easing geopolitical tensions as the main driver. Today's market continued this trend, currently oscillating around 65,620. Short-term bullish momentum has slowed, but the overall rebound structure remains intact.
On the daily chart, a medium-sized bullish candle was formed yesterday, breaking above the key area around 64,800, and we can see that the MACD is forming a golden cross below the waterline.
Since this golden cross is still below the zero axis, the short-term rebound is valid, but it does not mean the medium-term downtrend has reversed.
Now, 64,800 has become a support level.
What we've been saying before is that a breakout leads to continuation; now, this is a right-side breakout.
After the breakout, we look for a pullback:
If today’s pullback holds above 64,800-64,200, then the rebound continues, with the next targets at 67,500 to 68,200.
Conversely, if it falls below 64,800-64,200, it will retest the support at 63,600.

Upper resistance: 65,800-67,500 (short-term), 68,200 (mid-term)
Lower support: 65,300-64,800 (short-term)

Today’s outlook: Slightly bullish with oscillation, currently driven by news and continuing the rebound.
Technically, the daily chart has not fully turned bullish yet, but the 4-hour rebound pattern remains good.
Operationally, it’s recommended to buy on dips and avoid chasing highs.
Waiting for signals before shorting; don’t rush into it. #我的Gate交易时刻